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The Reserve Bank of New Zealand sold $259 million of NZ dollars in March to buy foreign currency assets. This increased its ...
The Reserve Bank of New Zealand is continuing to buy foreign currency assets to give it more firepower, should it need to ...
The Reserve Bank of New Zealand reduced the official cash rate to 3.5 percent on Wednesday. This decision followed global market instability following US President Rump's tariff war and a change in ...
The New Zealand central bank's operating budget will be cut by roughly 25% in the coming fiscal year and set at roughly NZ$150 million ($88.50 million) for each of the next five years, New Zealand's ...
The Reserve Bank of New Zealand (RBNZ) announced on Wednesday that it cut the Official Cash Rate (OCR) by 25 basis points (bps) from 3.75% to 3.5% after concluding the April monetary policy meeting.
The Reserve Bank of New Zealand (RBNZ) announced on Wednesday that it cut the Official Cash Rate (OCR) by 25 basis points (bps) from 3.75% to 3.5% after concluding the April monetary policy meeting.
New Zealand business confidence slumped to a nine-month low in April as US President Donald Trump’s tariff policies prompted companies to put investment and hiring plans on hold.
SYDNEY--The Reserve Bank of New Zealand lowered interest rates on Wednesday, making it one of the first central banks to respond to the growing economic threats posed by the escalating trade war.